Former Republican congressman and ironic meme icon George Santos was just banned from Kalshi — for life.
It’s the first lifetime ban that the prediction market has ever handed out, the New York Times reports, which is pretty incredible considering all the inside trading that’s suspected to happen on the platform. There was pretty much nothing “suspected” about Santos’ offenses, though, which were about as blatant as they come.
According to a notice Kalshi posted this week, Santos placed multiple bets on markets related to his attendance of president Donald Trump’s State of the Union address in February this year.
Needless to say, “as a person capable of influencing the outcome of the underlying event, Santos was prohibited from trading in this market,” the notice explained.
